Investtech.com
 KOSPI (SEOUL.NDX) - Close: 1 929.98 (+32.48), Dec 19, 2014

Chart Technical Analysis KOSPI (SEOUL)

 Neutral -Medium term, Dec 19, 2014Analysis Explanation
KOSPI is in an approximate horizontal trend and a continued development within this trend may be expected. The price has now fallen back towards the floor of the trend channel, which should give a reaction up. Is moving within a rectangle formation between support at 1904 and resistance at 2095. A decisive break through one of these levels indicates the new direction for the index. The index has support at points 1900 and resistance at points 1986. The index is overall assessed as technically neutral for the medium long term.

1 day-0.53%0.00+1.71%
5 days0.001.79%0.00+0.43%
22 days0.004.42%0.00-1.88%
66 days0.007.79%0.00-6.43%
Trend 1%1904.19 - 2091.21
Short Term Trading Range2014-12-10
Moving average2014-10-13
Long Term Trading Range2014-10-08
Inverse Head and Shoulders 2014-04-08
Inverse Head and Shoulders 2014-03-27
Double Top Pattern2013-08-21


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here www.investtech.com/disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK